Stimulating the Economy


MoneyBaggJoe said “It’s a bandemic.” What does this even mean? Well, firstly, the word “band” translates to $1,000. Secondly, many middle class Americans have been celebrating the new COVID relief bill by associating the president to young rappers who often flaunt their wealth by taking photos holding up thousands of dollars at a time. The relation between rapper MoneyBaggYo and the nickname MoneyBaggJoe is simple. Joe Biden is the representation of a “band” or $1,400 stimulus check. The new title is merely a play on words as well as an expression of gratitude to funding that is aiding in the relief of millions of Americans during this pandemic. The trend has vastly encaptivated many and, as a result, the goal of the package has been accomplished.

According to Corporate Finance Institute, a stimulus check is “a check sent to taxpaying consumers by a government. Stimulus checks are given to boost the economy by providing consumers with funds to spend… Therefore, the government will provide stimulus checks to keep the consumer outlook strong and to encourage spending.” In other words, the purpose of the $1,400 is to pour into the economy through its consumers, as a way to upkeep the functioning system. The excitement being communicated during these times reveals that consumers are absolutely ready to do their part. However, if I am to insert my own two cents, I would say we should pour into one another. Shop locally, support small businesses, and invest in ourselves. If this pandemic has shown me anything, it is that more than reinforcing the construct of an economy, we should be stimulating the individual members of society.

Eshana France
English Major,

Leave a Comment

Your email address will not be published. Required fields are marked *

Contact Us

Center for Black Literature at
Medgar Evers College, CUNY (CBL)
1534 Bedford Avenue, 2nd Floor
Brooklyn, New York 11216

Office: (718) 804-8883

Support Us with a Donation!

To carry out our mission, we rely heavily on donations from the public. Please MAKE A DONATION today. Every dollar counts!

We're on Social Media!

Join Us

Join our email newsletter to get details on upcoming events and programs produced, sponsored, or supported by the Center for Black Literature.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

Copyright © 2021 All rights reserved. | Center for Black Literature at Medgar Evers College, CUNY.

Scroll to Top